Raizen loan launches for mandated lead arrangers

Raizen loan launches for mandated lead arrangers

Loans

Brazil’s Raizen launched its $500m unsecured term loan last week for mandated lead arrangers, LatinFinance understands. Commitments are heard due February 25. It pays 140bp over Libor. Raizen has already brought on senior mandated lead arrangers Societe Generale and Sumitomo. Bank of Tokyo Mitsubishi-UFJ, BNP Paribas, Credit Agricole and JPMorgan are leading the transaction for the firm, which is a joint venture between Cosan and Royal Dutch Shell. A bank meeting for general syndication is heard

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